To provide long-term capital appreciation through diversified investment principally within and across European equity markets. Equity selections will be based on price and long term total return prospects. Limited investment in European bond markets may also be made. All investments will be expected to conform to our social and environmental criteria.

?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.

?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.

0.87

Beta

?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.

1.04

Sharpe

?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.

0.33

Volatility

?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.

12.08

Tracking error

?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.

3.47

Information ratio

?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.

0.29

R-Squared

?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.

0.92

Price movement

52 week high217.83

52 week low163.09

Current bid price204.9

Current offer price-

Current mid price-

Region

1

Germany

19.4%

2

France

17.1%

3

Spain

13.9%

4

Netherlands

13.6%

5

Denmark

6.6%

6

Ireland

6.5%

7

Norway

6%

8

Switzerland

5.5%

9

Italy

3.5%

Industry sector

1

Consumer Goods

18.2%

2

Financials

15.9%

3

Health Care

14.9%

4

Industrials

14.7%

5

Consumer Services

10.9%

6

Technology

10.4%

7

Basic Materials

3.6%

8

Cash & Cash Equivalents

3.5%

9

Utilities

2.9%

Asset type

1

International Equities

96.5%

2

Cash & Cash Equivalents

3.5%

Individual holdings

1

ROCHE HLDG AG

5.5%

2

DANSKE BANK

4.4%

3

DNB ASA

4.4%

4

UNILEVER

4.1%

5

HENKEL AG & CO KGAA

3.8%

6

INDUSTRIA DE DISENO TEXTIL SA

3.8%

7

FRESENIUS SE & CO KGAA

3.7%

8

INFINEON TECHNOLOGIES AG

3%

9

ASML HOLDING NV

2.8%

Management

Fund manager group

Aviva

Fund manager company

Aviva Life & Pensions UK Ltd

Fund type

Pension Fund

Fund objective

To provide long-term capital appreciation through diversified investment principally within and across European equity markets. Equity selections will be based on price and long term total return prospects. Limited investment in European bond markets may also be made. All investments will be expected to conform to our social and environmental criteria.

Benchmark

FTSE World Europe EX UK

Investment style

Growth

Investment method

Shares

Fund managers

Name

Since

Biography

Peter Michaelis

31/07/2012

Peter has worked in fund management since 2000. Before joining Alliance Trust Investments in August 2012, Peter spent 11 years at Aviva Investors where, most recently, he was Head of Sustainable and Responsible Investment. After completing a PhD in Environmental Economics, Peter started his career working for the Steel Construction Institute as an Environmental Engineer. He then moved to Henderson Global Investors where he worked as an SRI Analyst and Assistant Fund Manager. In 2001 he moved to Aviva Investors, where he was promoted to lead manager on a number of its sustainable investment funds. Peter holds an MA in Physics from Oxford University, an MSc in Energy & Environmental Engineering and a PhD in Environmental Economics. In addition, he holds the CFA Society of the UK Investment Management Certificate.

Toby Belsom

31/07/2012

Toby Belsom joined Aviva Investors in 2000 as an analyst in the SRI Team. He joined the UK Specialist and smaller companies team in 2004. From 1996 to 2000, Toby worked at NPI Asset Management and Henderson Global Investors. At NPI and Hendersons, he worked as an analyst on the award-winning NPI Global Care Managed Pension fund. Before entering the city, Toby spent several years working at Nortel Telecom and BT. Toby holds a BSc in Geography from the University of Bristol, an MSc in Environment and Business from Imperial College, London and has the CFA Society of the UK, Investment Management Certificate.

Neil Brown

29/04/2011

Neil is a Fund Manager on the Sustainable Investment Team at Alliance Trust Investments. Before joining Alliance Trust in August 2012 Neil spent four years at Aviva Investors as an SRI Analyst and then Fund Manager. Neil’s investment career started at Pensions & Investments Research Consultants where he was a senior researcher. In 2004, he moved to Threadneedle Asset Management where, as well as having the role of Pan European Equity Analyst, he was also Head of Governance and Responsible Investment. Neil has an MSc in Development Economics from the School of African & Oriental Studies and a BA (Hons) in Economics from the University of Manchester. He holds the CFA Society of the UK Investment Management Certificate.

Compliance

No data available.

Domicile

No data available.

Fund for sale in

United Kingdom

Aviva Alliance Trust Sustainable Future European Growth Pn Inet

Initial charge-

Annual charge0.6%

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)-

Bid price-

Offer price-

Mid price402.96

CurrencyGBX

Price updated08/12/2016

Type-

Institutional or retail classRetail

Domicile-

Citi codeN591

Aviva Alliance Trust Sustainable Future European Growth Pn S14

Initial charge-

Annual charge0.45%

Min single investment£1

Min regular saving£1

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)0.5%

Bid price161.47

Offer price-

Mid price-

CurrencyGBX

Price updated08/12/2016

TypeAccumulation

Institutional or retail classRetail

Domicile-

Citi codeGS3V

Aviva Alliance Trust Sustainable Future European Growth Pn S2

Initial charge-

Annual charge0.6%

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)-

Bid price313.16

Offer price-

Mid price-

CurrencyGBX

Price updated08/12/2016

Type-

Institutional or retail classRetail

Domicile-

Citi codeGN59

Aviva Alliance Trust Sustainable Future European Growth Pn S3

Initial charge-

Annual charge1%

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)-

Bid price267.73

Offer price-

Mid price-

CurrencyGBX

Price updated08/12/2016

Type-

Institutional or retail classRetail

Domicile-

Citi codeCU37

Aviva Alliance Trust Sustainable Future European Growth Pn S6

Initial charge-

Annual charge0.6%

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)-

Bid price204.9

Offer price-

Mid price-

CurrencyGBX

Price updated08/12/2016

TypeAccumulation

Institutional or retail classRetail

Domicile-

Citi codeN493

Aviva Alliance Trust Sustainable Future European Growth Pn S8

Initial charge0.4%

Annual charge0.4%

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)0.45%

Bid price197.97

Offer price-

Mid price-

CurrencyGBX

Price updated08/12/2016

TypeAccumulation

Institutional or retail classRetail

Domicile-

Citi codeN516

Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.

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